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Listed by Mark Fitter • AARE
$ 3,495,000
Est. payment /mo
Price Dropped by $200K
Costa Mesa, CA 92627
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-26129873
Property Sub-Type Multi Family
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Exceptional investment opportunity in the heart of Costa Mesa. Located in the beautiful Westside area, 681 Victoria offers a diamond in the rough 7 unit, multifamily property with great possibilities and convenient access to beaches, shopping, dining, and major transportation routes. The property features a variety of unit types, functional layouts, and some private outdoor space, providing long-term appeal for both tenants and investors. Situated on a generous lot in an established residential neighborhood, this asset presents the possibility for stable cash flow with potential for future upside. Residents enjoy close proximity to Newport Beach, 17th Street, Triangle Square, Pacific Coast Highway, and the 55 Freeway. Whether expanding an investment portfolio or acquiring a quality income-producing property in a high-demand coastal market, this property represents a compelling opportunity in one of Orange County's most sought-after rental locations. Four two story units with 2 bedrooms and 1.5 baths, one upstairs unit with 1 bedroom and 1 bath, 1 single level unit with 2 bedrooms and 1 bath and one single level unit with 2 bedrooms (and a bonus room with a clothes hanging space) and 1 bath. There is laundry hook-up for each unit and lots of parking, including two garages. Any and all information on the MLS is deemed to be reliable but is not guaranteed. Buyer to satisfy self with due diligence and appropriate inspections.
Location
State CA
County Orange
Area C2 - Southwest Costa Mesa
Interior
Laundry Outside
Building
Lot Description 6-10 Units/Acre